Hanchang Industry Co (XKRX:079170) ROCE % : 2.66% (As of Dec. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Hanchang Industry Co ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Hanchang Industry Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 2.66%.

Hanchang Industry Co ROCE % Historical Data

The historical data trend for Hanchang Industry Co's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hanchang Industry Co ROCE % Chart

Hanchang Industry Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

2.51

7.29

11.43

2.41

12.39

Hanchang Industry Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															6.09	3.28	40.73	2.38	2.66

Hanchang Industry Co ROCE % Calculation

Hanchang Industry Co's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	8627.148	/	( ( (85518.413 - 17388.298)	+	(86800.08 - 15672.45) )	/ 2 )
	=	8627.148	/	( (68130.115	+	71127.63)	/ 2 )
	=	8627.148	/	69628.8725
	=	12.39 %

Hanchang Industry Co's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	1885.224	/	( ( (89655.545 - 19282.19)	+	(86800.08 - 15672.45) )	/ 2 )
	=	1885.224	/	( ( 70373.355	+	71127.63 )	/ 2 )
	=	1885.224	/	70750.4925
	=	2.66 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

Hanchang Industry Co (XKRX:079170) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Hanchang Industry Co ROCE % Related Terms

Thank you for viewing the detailed overview of Hanchang Industry Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Hanchang Industry Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hanchang Industry Co Ltd (XKRX:079170) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

227-14, Amsogogae-ro, Yanggam-myeon, Gyeonggi-do, Hwaseong-si, KOR, 18635

Website

http://www.hanchem.com

Hanchang Industry Co Ltd operates as a functional material company in South Korea. It produces HCX13Li, a lithium molecular sieve for oxygen generation; and lithium bromide, which is used as a water absorbent for absorption chillers/heater systems. The company also offers energy materials, including the electrolyte for Zn-Br flow battery among other products.

Hanchang Industry Co Headlines

No Headlines